Cass City, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Thumb Area Enterprises, founded in 1985, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2021. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 9% surplus.
Assisted living and dementia care services to residents of the facility.
Northwood Meadows independent/assisted living apartments provide housing for those over 65 years old who either require some assistance or desire to no longer live alone yet do not require nursing...
Northwood Meadows independent/assisted living apartments provide housing for those over 65 years old who either require some assistance or desire to no longer live alone yet do not require nursing home care. The one bedroom and studio apartments have a 24 hour emergency call system. Services include meal programs, light housekeeping, social activities and some nursing services. The mission of the Northwood Meadows medical/dementia care center is to provide a secure and nurturing residential environment in which to care for adults living with a form of dementia. This center also assists those who just need physical assistance with activities of daily living. Northwoods Meadows is licensed as an adult foster care facility and the focus of care is on residents who are medically stable.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $1,912,525 | $1,550,014 | +0.2% |
| Expenses | $1,749,348 | $1,687,741 | +0.0% |
| Net Income | $163,177 | $-137,727 | -2.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jean Anthony | President & CEO until Dec 2021 | 2.00 |
Officer
|
$0 | $18,782 | $321,114 |
| Mary Cunningham | Former VP of Finance/CFO | 0.00 |
|
$0 | $13,395 | $218,163 |
| Patrick Curtis | President of the Board | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Danny Haag | Vice President | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Judy Brown | Secretary/Treasurer | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Carol Starling OD | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Jim Luth | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Rachel Estelle | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Faith Fahrner RN | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Andrew Daniels | President & CEO as of Jan 2022 | 2.00 |
Officer
|
$0 | $0 | $0 |
| Kurt Sargent | CFO as of April 2022 | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $1,912,525 | $1,749,348 | $2,577,249 | $163,177 |
| 2022 | $464,677 | $487,846 | No data | $-23,169 |
| 2021 | $1,550,014 | $1,687,741 | $2,454,389 | $-137,727 |
| 2020 | $1,791,303 | $1,682,884 | $2,580,226 | $108,419 |
| 2019 | $1,701,672 | $1,680,950 | $2,461,952 | $20,722 |
| 2018 | $1,522,455 | $1,578,914 | $2,536,169 | $-56,459 |
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